continental country club hoa fees continental country club hoa fees

We do support the vote for the additional funds for the homeowners association.. Continental Country Club's HOA files for Chapter 11 bankruptcy Adrian Skabelund Feb 17, 2021 Updated Mar 24, 2021 0 Cracked limestone makes up the karst geologic formation beneath a worn-out. I just see that as being poorly managed, Penoff said. The original clubhouse was built in 1960. . So, we either pay the known $2.5 million now, or pay more later up to the $15 million? https://continentalflagstaff.com/motion-to-reject-1990-agreement-granted/. But for Continental to do any of this, theyll need money, and they dont deny that they need money for more than just Lake Elaine. The work and fines until the lake was filled amounted to a lot of money that our Association does not have. If Option A is selected from the Amended Disclosure (not expected) then the property will be deeded to the Lake Elaine Owners and become, If Option B is selected, the redesign trails and ponds will be the responsibility of the Association and. A July 14 article for the Arizona Daily Sun explored the issue through testimony from management of the country clubs homeowners association and other residents. At the beginning of the Chapter 11 process, we explained that values may be negatively affected. The Boards decision to take this step relied on a three-pronged financial problem that was accelerated after the October 30th preliminary ruling of finding CCC in contempt for having not maintained Lake Elaine consistent with a 1990 Consent Decree, discussed below. Why are there currently some members paying different assessment rates? https://continentalflagstaff.com/fee-schedule-to-support-the-reorganization-plan/. This one-acre park, opened in 2013, includes a playground with a swing set and a picnic table. Multi-Unit Information Community Amenities: Clubhouse, Golf, Pool/Spa, Tennis Court Parking Information Garage Type: Garage Door Opener Garage Type: Garage Capacity: 7.00 Homeowners Association Information HOA Fees: 550.00 HOA Frequency: Yearly HOA Name: Continental Country Club HOA Contact #: 928.526.5125 Continental Country Club Listings. In the same newsletter, Murray quoted Patrick A. Clisham of Engelman Berger, the legal counsel to Continental Country Club, as having said Chapter 7 means chaos. Not currently but we hope that our members will approve the two fees required to support the reorganization plan that will provide our HOA with a healthier and stronger future. Get Adobe Acrobat Reader free to view these files. There are constant ongoing repairs and improvements required for these assets that must be addressed. In a Chapter 7 does the trustee manage the HOA? That resulted in two levels. This included an offer to complete a partial top-down repair to buy more time. Membership in Continental is a result of home ownership. In a Chapter 7 does the HOA remain in place? When were the clubhouse and clubhouse pool built? One that was, you know, competent., Financial mismanagement reaches further back than the 2020 study, said resident John Nilsson. There are a lot of different options when it comes to housing in Continental Country Club. What is the source of funds that are being used to pay for all the signage and banners to support the special assessment? Other factors include a $600-thousand balloon payment coming due on a loan that was taken out in 2011 to complete installation of a new irrigation system on the course, and additional costs far exceeded the revenue generated by HOA fees. Starting in 2024, associate members would owe an additional $63 for 2024, 2025, and 2026. Here, golfers find a quiet and peaceful round of golf at what feels like a destination club. If the plan is approved, Murray says there are two options that can be done with the land. It has not been a normal winter in Flagstaff. Before buying in Cont Country Club HOA you will want to check out their reserve funds, budgets, bylaws as well as the rules and restrictions of the community. 150 Saab tingida. The Lake Elaine lawsuit was based on a 1990 Amended Judgement and Settlement that was rejected by the bankruptcy court earlier this year. We have compensated by charging usage fees and not giving golf discounts to those who do not pay the full amount. That fee would drop to $500 if the HOA begins refilling the lake, and continue until it is full. Book Your Tee Time on our EZLinks tee times page in a new tab, In addition to championship golf, we offer tennis courts, a fitness center, a swimming pool and social events! Quick Facts Getting Around Continental Country Club Continental Country Club Learn more about this neighborhood. The January newsletter provided to homeowners did reference that bankruptcy was an option that was being considered. The special assessment can be paid over two years with eight (8) quarterly payments of $261 (which includes 5% interest). What remains to be seen is whether Continental will get the votes they need to avoid Chapter 7, what will finally become of the contentious Lake Elaine,and whether the organization will be able to repair its financial situation in the long run. The costs are too much of a burden for members on a fixed income? We are located on St Rte 44 just 2.5 miles east of Brownwood, CLICK IMAGE TO REGISTER FOR IMPORTANT EMAILS WITH IMPORTANT INFORMATION, KINDLE AND ANDROID USERS: CLICK HERE TO DOWNLOAD OUR APP, Resident, Dan Kane compiled an informative list of links to the areaclick below:CCC HELPFUL LINKS, 50 Continental Blvd., Highway 44 East, Wildwood, Florida 34785. Pennsylvania (/ p n s l v e n i / (); Pennsylvania German: Pennsilfaani), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States.It borders Delaware to its southeast, Maryland to its south, West Virginia to its southwest, Ohio to its west, Lake Erie and the Canadian province of . This discount allows members & guests to enjoy the lowest rates offered on our rack card. When were the clubhouse and clubhouse pool built? Flyer Link. Why did the Board decide to take this step now? The court agreed, and a daily fee of $700 was placed on the HOA for not filling the lake. What happens if 2 YES (APPROVE) for Special Assessment and Annual Dues Increase? We do think that if we are unsuccessful in approving the fees necessary to support the reorganization plan, there will likely be a negative effect on property values with the reduced or possible loss of amenities currently enjoyed by HOA members including golf course or driving range, tennis or pickleball courts, swimming pool, clubhouse and Bear Paw Recreation Center. Continental Country Clubs HOA files for Chapter 11 bankruptcy. 2380 N. Oakmont Drive, Flagstaff, AZ 86004 (928) 526-5125 www.continentalflagstaff.com . Continental Country Club filed a Chapter 11 Petition for Bankruptcy Protection on Tuesday, February 9th, 2021 in the U.S. Bankruptcy Court in the District of Arizona. Voting to approve these additional funds ends July 28. The amount of a one-time special assessment and annual dues increases has been discussed earlier in this section as well as in several Things to Know messages. . The biggest problem over the years has been Lake Elaine, which has been an issue for nearly 30 years, with costs and fines building over time. The first payment would be due the same day as the due date for the special assessment. $273 Buyer's Agent Commission 2.5% Street View Directions Ask Redfin Agent Cody a Question Cody Bauer Flagstaff Redfin Agent Our members will be voting to approve this fee which will be necessary for the reorganization plan to move forward. It is not true that the Lakeside Homeowners want to bankrupt [Continental], the Legionnaire statement says. The money for the signs was donated. At the time, it was an asset to the HOA. (renews at {{format_dollars}}{{start_price}}{{format_cents}}/month + tax). Beyond the potential Lake Elaine obligations, we have a 50-year-old building, and numerous amenities. Continental Country Club HOA is a community located in Flagstaff, AZ (Coconino County). To hear Peter and Daves interview with Continental Country Club General Manager Talia Murray, click here: Great Circle Media serves Flagstaff, Prescott, Sedona, and the surrounding areas with Northern Arizonas Best Radio Stations! Continental Country Club Resorts, Wildwood Real Estate & Homes for Sale 13 Homes Sort by Relevant Listings Brokered by Four Star Home Brokers, Inc. For Sale $180,000 2 bed 2 bath 1,056 sqft 6,711. Zillow has 3 homes for sale in 34785 matching Continental Country Club. These homeowners - the "Class" - believe that the Association has options to address its financial challenges. The Coconino County Superior Court agreed, and for this reason found the Association in contempt of the 1990 Judgment, imposing daily sanctions to encourage compliance. ", The issue is further complicated by the fact that Continental and the Legionnaires cant seem to agree on how much it would cost to repair and maintain even a small lake option. President - The president of the Board presides at all meetings of the Board of Directors. Continental Country Club Powered by GolfNow.com Book a Tee Time Satellite Layout Tees Track Rounds Scorecard Course Details Year Built 1972 Golf Season Year round Architect Ron Garl (1972) Rentals/Services Carts Yes - included in green fees Clubs Yes Practice/Instruction Driving Range Yes Golf School Academy Yes - "Stephen Wresh Golf Academy" Joining the Continental Country Club HOA is the easiest way to protect your property's value! HOA Documents Articles of Incorporation CC&Rs Bylaws Membership Policies Register for our eClub to receive regular offers and updates from Continental CC! The community is gated, includes 24/7 security and even allows pets. Here, golfers find a quiet and peaceful round of golf at what feels like a destination club. Log in, Continental Country Club HOA Chula Vista, CA, Alicante at San Miguel Ranch HOA Chula Vista, CA. How do timeshares fit into the funding picture? Thank you to everyone who came out and play, we are looking forward to some exciting changes in-store for next year. The Board President of the Homeowners Association of Continental Country Club in Flagstaff, . The availability of these amenities, whether used or not, makes CCC a desirable neighborhood and increases property values. Three People Were Killed In A Multi-Vehicle Accident On I-40 Near Williams Tuesday, Flagstaffs Mayor Paul Deasy Declares A State Of Emergency For The City Due To Post-Pipeline Fire Flooding, Grand Falls Closed To Visitors Until Further Notice, Over 30-Inches Of Snow Fell Near Downtown Flagstaff And Kachina Village From The Latest Storm, Arizona State Forestry Allocates $27-Million To Flagstaff And Coconino County, Flagstaff Beats Pueblo To Win The 4A Girls State Basketball Title, School Closings And Delays, Along With Other Weather-Related Matters For Thursday In Northern Arizona, NAU, FUSD Closed As A Major Winter Storm Leaves Feet Of Snow Behind, Missing Man, Who Was Last Believed To Be In Williams, Has Been Found Safe, ADOT Holding A Public, In-Person Meeting In Flagstaff Next Wednesday, Winter Storm Warning Extended To 11 A.M. Thursday For Flagstaff And Surrounding Areas, Copyright 2023 Great Circle Media | All Rights Reserved | Privacy Policy. There are no positives., Dissatisfied as the Legionnaires might be about the current state of Lake Elaine and Continentals proposed solutions, A successful vote is actually in everyones best interest, said Legionnaire and lakefront resident Tim Harrington in an email to the Arizona Daily Sun. Tract D (Lake Elaine) is currently owned by the Association. This included signage, team captain materials and t-shirts. Bronson Creek feeds into a wetland on the east side of the park; a paved trail provides access to the wetland. Why am I paying for amenities I dont use? The reason for the increases are due to ongoing financial concerns involving Lake Elaine, a $600-thousand balloon payment due regarding irrigation of the golf course and ongoing deferred maintenance to some of the amenities.